The Learning Circle Preschool Inc
- Assets
- $446.4k
- Revenue
- $666.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, MA
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 65-1271115
Organization Overview
The Learning Circle Preschool Inc is located in Canton, MA. The organization was established in 2006. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Circle Preschool Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Learning Circle Preschool Inc generated $666.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $585.0k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL PROGRAMMING FOR 39 CHILDREN, AGES 2.9-7 YEARS. THE MISSION OF THE LEARNING CIRCLE PRESCHOOL IS TO CREATE CHILD-CENTERED, INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAMS SERVING PRESCHOOL CHILDREN AND THEIR FAMILIES. OUR CORE VALUES ARE INCLUSION, DIVERSITY AND FAIRNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL PROGRAMMING FOR 39 CHILDREN AT ANY ONE TIME, AGES 2.9-7 YEARS. THE MISSION OF THE LEARNING CIRCLE PRESCHOOL IS TO CREATE CHILD-CENTERED, INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAMS SERVING PRESCHOOL CHILDREN AND THEIR FAMILIES. OUR CORE VALUES ARE INCLUSION, DIVERSITY AND FAIRNESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katrina Selawsky Director & President | OfficerTrustee | 38 | $86,889 |
Kimberly Osbourne Secretary | Officer | 28 | $49,667 |
Sam Hawkins Treasurer | Trustee | 2 | $0 |
Amanda Czarnecki Co-Vice Chair (fundraising) | Trustee | 2 | $0 |
Ani Eloyan Member At Large | Trustee | 2 | $0 |
Laura Kurlinski Community Representative | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $94,226 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,216 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,442 |
| Total Program Service Revenue | $547,385 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $666,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,889 |
| Compensation of current officers, directors, key employees. | $24,565 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,510 |
| Pension plan accruals and contributions | $6,022 |
| Other employee benefits | $20,813 |
| Payroll taxes | $32,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $125 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $240 |
| Office expenses | $1,903 |
| Information technology | $1,648 |
| Royalties | $0 |
| Occupancy | $78,511 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,191 |
| Insurance | $5,163 |
| All other expenses | $23,332 |
| Total functional expenses | $584,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,816 |
| Savings and temporary cash investments | $130,262 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,668 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,459 |
| Net Land, buildings, and equipment | $107,159 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $446,364 |
| Accounts payable and accrued expenses | $32,948 |
| Grants payable | $0 |
| Deferred revenue | $2,024 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $34,972 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $411,392 |
| Total liabilities and net assets/fund balances | $446,364 |